OceanaGold Co. (TSE:OGC - Free Report) - Stock analysts at National Bank Financial lifted their FY2024 earnings per share estimates for shares of OceanaGold in a research note issued on Monday, December 16th. National Bank Financial analyst M. Parkin now forecasts that the company will post earnings of $0.54 per share for the year, up from their previous estimate of $0.53. The consensus estimate for OceanaGold's current full-year earnings is $0.63 per share. National Bank Financial also issued estimates for OceanaGold's FY2025 earnings at $0.84 EPS and FY2026 earnings at $1.05 EPS.
OceanaGold (TSE:OGC - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.12 EPS for the quarter, missing analysts' consensus estimates of C$0.14 by C($0.02). The company had revenue of C$470.93 million during the quarter. OceanaGold had a return on equity of 0.24% and a net margin of 0.10%.
Several other equities research analysts also recently commented on OGC. CIBC decreased their target price on shares of OceanaGold from C$6.00 to C$5.75 in a research report on Friday, December 13th. Royal Bank of Canada lifted their price target on OceanaGold from C$5.50 to C$6.00 in a research note on Friday, December 6th. Scotiabank upped their price target on OceanaGold from C$4.75 to C$6.00 in a report on Thursday, November 21st. Finally, National Bankshares dropped their price objective on OceanaGold from C$6.00 to C$5.50 and set an "outperform" rating on the stock in a research note on Wednesday, October 23rd. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, OceanaGold presently has a consensus rating of "Buy" and a consensus target price of C$5.10.
Read Our Latest Report on OGC
OceanaGold Trading Down 0.2 %
TSE OGC opened at C$4.05 on Wednesday. The company has a fifty day simple moving average of C$4.09 and a 200 day simple moving average of C$3.66. OceanaGold has a 12-month low of C$2.08 and a 12-month high of C$4.57. The company has a market cap of C$2.88 billion, a P/E ratio of 405.00 and a beta of 1.62.
About OceanaGold
(
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OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.
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